Prudential Bank Limited (PBL), commonly known as Prudential Bank, is a private commercial bank in

Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...

. It is licensed by the

Bank of Ghana The Bank of Ghana ( BoG) is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of thAlliance for Financial Inclusion History The Central Ban ...

, the central bank and national banking regulator.

Location

The headquarters of the bank is located at 8 John Hammond Street, Ring Road Central, Kanda,

Accra Accra (; tw, Nkran; dag, Ankara; gaa, Ga or ''Gaga'') is the capital and largest city of Ghana, located on the southern coast at the Gulf of Guinea, which is part of the Atlantic Ocean. As of 2021 census, the Accra Metropolitan District, , ...

, Ghana's capital and largest city. The coordinates of the bank's headquarters are 5°34'24.0"N, 0°11'31.0"W (Latitude:5.573335; Longitude:-0.191949).

Overview

The bank was incorporated in 1993, and opened on 15 August 1996 with the first branch in

. PBL is a medium-sized bank specializing in meeting the banking needs of

small and medium-sized business Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank ...

es and individuals. As of 31 December 2012, the bank's total assets were GHS:676.61 million, with shareholders' equity of GHS:85.1 million.

Subsidiaries

As of April 2016, PBL maintained three wholly owned subsidiaries: # PBL Properties Limited - Accra, Ghana. Acquires, develops, and manages properties and auxiliary staff for the bank. # Prudential Securities Limited - Accra, Ghana. Wealth management, corporate finance, and business advisory services. # Prudential Stockbrokers Limited - Accra, Ghana. Stockbrokage, economic research, and advisory services.

Ownership

The bank's

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

was owned by the following corporate entities and individuals as of 31 December 2012:

Branch network

As of June 2022, PBL had 43 branches and 2 agencies at the following locations: # Abeka Branch - Accra # Aboabo Branch -

Kumasi Kumasi (historically spelled Comassie or Coomassie, usually spelled Kumase in Twi) is a city in the Ashanti Region, and is among the largest metropolitan areas in Ghana. Kumasi is located in a rain forest region near Lake Bosomtwe, and is the ...

# Abossey Okai Branch - Accra # Accra Branch - Accra # Adenta Branch - Accra # Afful Nkwanta Branch -

# Atonsu Branch - Kumasi # Cape Coast Branch -

Cape Coast Cape Coast is a city, fishing port, and the capital of Cape Coast Metropolitan District and Central Region of Ghana. It is one of the country's most historic cities, a World Heritage Site, home to the Cape Coast Castle, with the Gulf of Guinea ...

# East Legon Branch -

East Legon East Legon is a town in the Accra Metropolis District, Accra Metropolitan district, a Districts of Ghana, district of the Greater Accra Region of Ghana. East Legon has a total area of 4.95 km2 (1.91 mi2) and a total distance of 9.36&nbs ...

, Accra # Gicel Branch - Accra # Kumasi Adum Branch - Kumasi # Kumasi Main Branch - Kumasi # Kwame Nkrumah Circle Branch - Accra # Madina Branch - Accra # Makola Branch - Accra # Mataheko Branch - Accra # Methodist University Agency Branch - Accra # North Industrial Area Branch - Accra # Odorkor Branch - Accra # Ring Road Central Branch - Accra # Spintex Road Branch - Accra # Suame Maakro Branch - Kumasi # Takoradi Harbour Branch -

Takoradi Sekondi-Takoradi is a city in Ghana comprising the twin cities of Sekondi and Takoradi. It is the capital of Sekondi – Takoradi Metropolitan Assembly and the Western Region of Ghana. Sekondi-Takoradi is the region's largest city and an indus ...

# Takoradi Market Circle Branch - Takoradi # Tamale Branch -

Tamale A tamale, in Spanish tamal, is a traditional Mesoamerican dish made of masa, a dough made from nixtamalized corn, which is steamed in a corn husk or banana leaf. The wrapping can either be discarded prior to eating or used as a plate. Tamale ...

# Tema Community 1 Branch -

Tema Tema is a city on the Bight of Benin and Atlantic coast of Ghana. It is located east of the capital city; Accra, in the region of Greater Accra, and is the capital of the Tema Metropolitan District. As of 2013, Tema is the eleventh most popul ...

# Tema Fishing Harbour Branch - Tema # Tesano Branch - Accra # University of Cape Coast Branch - Cape Coast # Valley View Agency Branch - Accra # Weija Branch - Accra # Zongo Junction Branch - Accra

References

External links

Prudential Bank Limited HomepagePBL launches "Susu" Financial Program for SME'sPBL opens new branch in Aboabo, Kumasi
{{Economy of Ghana Banks of Ghana Companies based in Accra Banks established in 1996 Ghanaian companies established in 1996